Stocks saw another week of treading water near the top of their latest trading range, as the major averages finished the week mixed. The Dow closed down 0.75% over the past five trading sessions while the S&P 500 slid 0.07%. The NASDAQ Composite managed to close the week out in positive territory, jumping 1.22%. The […]

Markets have been uncharacteristically quiet over the past couple of weeks, as the summer slowdown seems to have stopped the latest rally in its tracks. After a big jump higher following the June Brexit vote in which U.K. citizens chose to leave the European Union, stocks have largely stalled… albeit near their all-time highs. Now

Yesterday’s ETF Trader’s Edge special alert addressed the possibility of seizing a short-term opportunity to profit and today we got it. So, let’s book our one-day 50% gain and look for more money-making opportunities. When you receive this special alert, sell to close the iShares MSCI Japan (EWJ) Sept. 16 $12 calls (EWJ160916C00012000) that last traded at […]

After being one of worst-performing and most unloved markets in the developed world this year, the Nikkei in Japan is on the verge of being thrust back into the spotlight. The Bank of Japan is set to unveil additional stimulus tomorrow to cap off the surprise announcement earlier this week by Prime Minister Shinzo Abe of a

The Fed issued its statement today and left the rates unchanged with no direct hint about an imminent hike in September or in the future. The only real changes in the statement came with the addition of wording that “near-term risks to the economic outlook have diminished,” while one Fed official actually favored a rate […]

Sell the ProShares UltraShort Bloomberg Crude Oil ETF (SCO), which last traded at $107.28. Watch for our normal weekly ETF Trader’s Edge hotline after the Fed meeting’s statement is issued today at about 2:00 p.m. EDT. Sincerely, Doug and Tom

We’ve all heard the trite adage, “Good things come to those who wait.” That’s often true, but then again, it’s not always easy to do. In fact, the great Tom Petty says, “The waiting is the hardest part,” and I tend to agree with his rock-and-roll insights. As applied to markets, I realize it’s difficult […]

Stocks here in the United States are doing well. Although the market has stalled a bit over the past couple of days, we’ve seen a remarkable run higher after the “Brexit” vote in which U.K. citizens chose to leave the European Union. That ascent has pushed the Dow and S&P 500 to new respective all-time

During the last several weeks, the dollar has quietly but meaningfully crept higher. As of this writing, the U.S. Dollar Index has broken above its recent trading range and boosted its 200-day average. We believe this advance is important because of the dollar’s role in commodity pricing, in corporate earnings and in serving as a

Score another big win for the bulls this week, as the major averages built on the momentum from last Friday’s better-than-expected June jobs report, and just kept the risk-on trade going. For the week, the Dow surged 2.04% while the S&P 500 jumped 1.49%. The NASDAQ Composite gained 1.47%. Both the Dow and S&P 500 […]